International transfer pricing update
Transfer pricing is a key tax challenge and concern for multinational companies. Well-staffed tax authorities are applying more sophisticated and sweeping transfer pricing tools and making greater demands for documentation in more and more countries.
This webcast will take a closer look at two transfer pricing topics: the analysis of financial transactions within non-financial services companies and the new Russian transfer pricing reform.
Financial transactions in non-financial services companies
Inter-company financial transactions rank high on the list of issues challenged by tax authorities. We will discuss how companies are refreshing their approach and support to pricing such transactions as debt, cash pooling and foreign exchange risk management in response. We will also consider the potential tax efficiency that might result from operating a corporate treasury on a true arm's-length basis.
Russian transfer pricing reform
The new Russian transfer pricing law goes into effect on 1 January 2012. We will discuss:
- Transactions covered by the reform
- Available transfer pricing methods
- Transfer pricing reporting and documentation requirements
- Introduction of transfer pricing audits
- Advance pricing agreements
- The road map to prepare for the new transfer pricing requirements.
This webcast will be of interest to vice presidents/directors of tax/international tax, directors of finance, CFOs, international tax managers and tax accountants looking for the latest practical information and planning ideas to support their global business initiatives. We hope you will be able to join us.
Evgenia Veter Ernst & Young (CIS) BV, Partner and leader of our transfer pricing practice in the CIS
Stephen Labrum, Ernst & Young LLP (UK), Partner, Financial Services – Transfer Pricing